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Jan 29, 2013 6:00am EST
's also delivering a -- delivering alpha conference guest speaker and charles campbell is executive director at mkm partners. barry's going to be with us for a couple hours. so i'll start with you, charles. are you a believer in the recent action that we've seen in the equity markets, and do you think it's going to continue, or has it already gone too far? >> good morning, joe. thanks for having me. i am a believer in the equity action. and here's why. economic conditions in the united states and elsewhere in emerging markets, specifically china, are not only stable but continue to improve. the forward moving average on initial claims is at a low not seen since march 2008. the ten-year treasury hit a 2% yield yesterday and that's a good sign for investors, not a bad sign. if it were there for the wrong reasons, higher cost pressures, higher inflation, stagflation, that would be a concern. but that's not the issue here. the issue here is treasury yields are moving higher because of good economic data and that's consistent with the market moving higher. i mean if you look back in the
Search Results 0 to 0 of about 1